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Of course it was, it did not take a multimillion dollar investigation after the fact for us that were screwed by Countrywide to know that. Now we get screwed by the Government bailed our Bank of America, would bought Countrywide.

Patriot Unit 2012/07/05 19:12:53
Countrywide used VIP program to sway Congress: report

WASHINGTON (Reuters) - A VIP mortgage program run by now-defunct Countrywide Financial Corp was used to influence lawmakers with the aim of killing legislation that could hurt the company's profits, a congressional report released on Thursday said.

http://news.yahoo.com/countrywide-used-vip-program-sway-congr...

Just another benefit of being a lying, dishonest, cheating Congressmen or woman. The corrupt leading the see no evil, hear no evil and see no evil Socialists, Progressives and Communists in our country.

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  • TruBluTopaz 2012/07/05 20:58:18
    TruBluTopaz
    +1
    And I am sure the ensuing coverage of this will give us ample reason for Franks and Dodds to have taken what amounts to early retirement. Both got sweetheart loans. Also, I believe that investigations will show that The Habitat Company, of which Valerie Jarrett was a key officer, was deeply involved with Countrywide and that collusion results in the shuffling of bad debts to other lenders knowing that they would crater the system.
  • Ambassador II 2012/07/05 19:38:38
    Ambassador II
    Countrywide was owned, operated, and controlled by "CAPITALISTS" , "FREE MARKET
    CAPITALISTS", "SUPPLY SIDE ECONOMICS OPERATIVES", WALL STREET BROKERAGES AND REAGAN BANKS. Not one Socialist, Progressive, or Communist can be found in the whole mess. Why do you make yourself crazy and display such ignorance as is obvious when you post nonsense as you have done? Are you trolling for
    persons to join you in this "alternate reality" of spin and unbelievable propaganda?
  • Aurora 2012/07/05 19:28:01
    Aurora
    +1
    I know, just another study and money to tell us what we already knew about the sweetheart deals.
  • Kane Fernau 2012/07/05 19:23:47
    Kane Fernau
    +1
    Chris Dodd was in Countrywide's pocket.
  • Patriot... Kane Fe... 2012/07/05 22:20:41
    Patriot Unit
    +1
    Among many others for sure.
  • Kane Fe... Patriot... 2012/07/05 22:39:24
  • Gracie - Proud Conservative 2012/07/05 19:20:09
    Gracie - Proud Conservative
    +1
    If you read this book you'll be further disgusted with the making of the financial disaster. It is filled with not accusations but proof of the factual events!

    Reckless endangerment

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2013/05/19 10:05:26

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